Shares in Malaysia’s Supermax Corp Bhd, fell sharply on Monday after its founder was convicted of insider trading concerning another company he used to head, and sentenced to five years in jail. Supermax is the world’s No. 2 maker of…
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Tyres: Tyre makers take the wheel to turn the sustainability corner
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LSR: Silcotech and Momtech partner for baby bottle
Anyone who has ever fed a baby can tell you it’s not necessarily ...
Tyre Sector: Asian tyre sector to amble along with US tariff imposition
The higher than expected trade tariffs imposed by the US may shake up ...
Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
ARDL: Discover Excellence in PPE Pharmaceutical and Microbiological Testing with ARDL
In the ever-evolving world of the medical and pharmaceutical industries, ensuring the ...
Lotte Versalis Elastomers new complex in South Korea
Lotte Versalis Elastomers, a 50:50 joint venture between Italys’s Versalis (Eni) and South Korean petrochemical firm Lotte Chemical have opened a new integrated industrial complex for the production of elastomers in Yeosu, South Korea. The company says the new plant…
Felcra develops 6,500 hectares of idle land in Kelantan, Malaysia
Felcra Berhad has so far developed 6,500 hectares of idle land in Kelantan with the involvement of 2,000 settlers said Malaysia’s Deputy Rural and Regional Development Minister Datuk Ahmad Jazlan Yaakub. He said this was relatively small as compared with…
CEO of Malaysian glovemaker Supermax convicted with insider trading charges
The chief executive of Malaysian rubber glove maker Supermax Corp Bhd has been found guilty of insider trading offences, relating to when he was CEO of another company, and has been sentenced to five years in jail, the Securities Commission…
Top Glove to acquire Aspion Sdn Bhd for as much as US$350 million
Top Glove Corp Bhd is planning to acquire the surgical glove producing company Aspion Sdn Bhd for an estimated price of up to RM1.44 billion (US$349.60 million). Aspion Sdn Bhd is a unit of Adventa Capital Pte Ltd. The acquisition…
Wacker launches new technical center for construction, textile and consumer-care in Istanbul
Chemical business Wacker Chemie AG has unveiled its range of services in Turkey with today’s official opening of a technical center for construction, textile and consumer-care applications in Istanbul. The technical facility serves as an application and test laboratory for…
Keltan Eco part of the official match ball for Soccer World Cup 2018
The new official soccer ball of the World Cup 2018 contains the bio-based EPDM rubber Keltan Eco from Arlanxeo, one of the world’s leading suppliers of synthetic rubber. The EPDM rubber (ethylene-propylene-diene monomer) Keltan Eco 6950 is the rubber basis…
FGV records net profit of RM38.77 million in third-quarter 2017
Felda Global Ventures Holdings Bhd (FGV) has recorded a net profit of RM38.77 million in the third quarter (Q3) ended September 30, 2017 from a net loss of RM73.61 million recorded in the same quarter a year ago. The company…
Mitsubishi Materials shares drop after units falsify product data
Mitsubishi Materials Corp saw its stock fall as much as 11 percent on Friday after it said three subsidiaries had falsified product data, marking the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsubishi Materials said inspection…
Guizhou invests US$400 million in building factory in Vietnam
Guizhou Tyre Co recently signed an agreement with Vietnam’s Qianjiang province for a total investment of US$400 million to build a factory in Longjiang Industrial Park in Qianjiang. The project will be carried out in three phases. The first phase…